North of 60 Mining News - The mining newspaper for Alaska and Canada's North

North of 60 Mining News - Mining Business directory

Pact moves NICO closer to road system


Last updated 11/21/2019 at 2:53pm

Fortune Minerals Ltd.

Fortune's proposed NICO Mine in Northwest Territories would produce battery-grade cobalt, gold, bismuth and copper. Road access, however, is needed to deliver the concentrates produced to a refinery for further processing.

Fortune Minerals Ltd. Nov. 21 announced it has signed an agreement with the Tlicho First Nation for building a road that connects the NICO cobalt-gold-bismuth-copper project to the community of Whati, a Northwest Territories community about 51 kilometers (32 miles) south of Fortune's proposed Nico cobalt-gold-bismuth-copper mine.

The 97-kilometer (60 miles) Tlicho Road, which will connect Whati...

For access to this article please sign in or subscribe.


Reader Comments


Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020